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06 Jan
16:24

JSPL achieves record output, eyes government infrastructure spend

Jindal Steel & Power Limited (JSPL) recorded in the December quarter its highest-ever quarterly domestic steel production. Output rose 22% on-year to 1.61 million tonnes thanks to consistent performance across all locations, especially at the Angul operations. Sales in the quarter rose 30% to 1.66mt, with exports soaring 213% to over 300,000t. Oman-based subsidiary Jindal Shadeed also recorded its highest-ever sales and production in the December quarter…
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